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Exclusive Seller Brokerage Agreement Template for Indonesia

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Key Requirements PROMPT example:

Exclusive Seller Brokerage Agreement

"I need an Exclusive Seller Brokerage Agreement for a residential property in Jakarta, with a 6-month exclusive period starting March 1, 2025, including a 2.5% commission structure and protection period of 3 months."

Document background
The Exclusive Seller Brokerage Agreement is a crucial document in Indonesian real estate transactions, used when a property owner wishes to grant sole and exclusive rights to a specific broker or brokerage firm to market and sell their property. This document, governed by Indonesian law including the Civil Code (KUHPer) and Ministry of Trade Regulation No. 33/M-DAG/PER/8/2008, establishes the terms under which the broker will represent the property, including commission structures, marketing responsibilities, and the duration of the exclusive relationship. It provides protection for both the broker's efforts and the owner's interests, while ensuring compliance with Indonesian property law and real estate regulations. The agreement is particularly important in establishing clear rights and obligations in the Indonesian market, where exclusive brokerage relationships need to be carefully documented to be enforceable.
Suggested Sections

1. Parties: Identification of the property owner (seller) and the licensed real estate broker/brokerage firm, including their complete legal names, addresses, and registration details

2. Background: Context of the agreement, including brief description of the property and the owner's intention to sell through the broker's services

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Exclusive Period', 'Commission', 'Listing Price', and other relevant terms

4. Appointment and Scope: Explicit statement of exclusive appointment and detailed scope of broker's services

5. Term and Exclusivity: Duration of the agreement and nature of exclusive rights granted to the broker

6. Broker's Rights and Obligations: Comprehensive list of broker's responsibilities, including marketing efforts, showing property, negotiating with potential buyers

7. Owner's Rights and Obligations: Owner's commitments, including providing access to property, maintaining property condition, and providing necessary documentation

8. Commission Structure: Detailed explanation of commission rates, payment terms, and conditions for commission earning

9. Property Details and Pricing: Agreed listing price and property description

10. Marketing Authorization: Permission for specific marketing activities and use of property information

11. Representations and Warranties: Statements of fact by both parties regarding their authority, property condition, and other material matters

12. Termination: Conditions and procedures for ending the agreement, including any early termination fees

13. Governing Law and Dispute Resolution: Choice of Indonesian law and method for resolving disputes

14. General Provisions: Standard clauses including notices, amendments, assignment, and severability

Optional Sections

1. Protection Period: Used when the parties want to specify a period after termination during which the broker remains entitled to commission for certain buyers

2. Virtual Tours and Digital Marketing: Include when specific digital marketing services will be provided

3. International Marketing: Add when the property will be marketed to international buyers

4. Multiple Properties: Include when the agreement covers more than one property

5. Property Management: Add if the broker will provide property management services during the listing period

6. Dual Agency Provisions: Include if the broker may potentially represent both seller and buyer

7. Force Majeure: Add detailed force majeure provisions for regions prone to natural disasters or uncertain conditions

Suggested Schedules

1. Schedule A - Property Description: Detailed description of the property, including legal description, certificates, and current condition

2. Schedule B - Commission Structure: Detailed breakdown of commission rates, including any sliding scales or special circumstances

3. Schedule C - Marketing Plan: Specific marketing activities and timeline proposed by the broker

4. Schedule D - Property Documentation: List of all property-related documents provided by the owner

5. Schedule E - Approved Marketing Materials: Templates or examples of approved marketing materials and property descriptions

6. Appendix 1 - Broker's Licenses: Copies of relevant broker licenses and certifications

7. Appendix 2 - Power of Attorney: If required, power of attorney for specific actions on behalf of the owner

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses



































Relevant Industries

Real Estate

Property Development

Construction

Property Investment

Real Estate Technology

Professional Services

Property Management

Commercial Property

Residential Property

Hospitality

Relevant Teams

Legal

Real Estate

Sales

Business Development

Compliance

Operations

Marketing

Property Management

Asset Management

Contract Administration

Risk Management

Relevant Roles

Real Estate Broker

Property Manager

Sales Director

Business Development Manager

Legal Counsel

Compliance Officer

Property Developer

Real Estate Agent

Marketing Manager

Operations Manager

Contract Administrator

Real Estate Portfolio Manager

Asset Manager

Property Valuation Specialist

Transaction Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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